LAS VEGAS, Sept. 21, 2009 (GLOBE NEWSWIRE) -- For many of us, we need look no further than our own homes and wallets to confirm the ever-expanding market for digital video. This past weekend I can report the purchase of an album and the latest season of a popular sitcom through iTunes. Meanwhile, I watched a handful of NFL games through online broadcasts. No longer does the television have a monopoly on video, and a release this morning by digital media pioneer Gen2Media Corporation (OTCBB:GTWO) announcing preliminary 2009 financial results in excess of $1 million in revenue in its first full year of operations is further testimony to the depth and breadth of an exploding market.
A report addressing the advent of digital media and focusing on Gen2Media Corporation, a full-service digital media, technology and marketing company that owns the world's first true end-to-end online interactive network, has been released for review by investors of digital media leaders KIT digital, Inc. (Nasdaq:KITD), DivX, Inc. (Nasdaq:DIVX), Focus Media Holding Limited (Nasdaq:FMCN), and Dolphin Digital Media, Inc. (OTCBB:DPDM).
We've been reading consistent news from Gen2 in which the company validated its pedigree in this growing market with releases about top-tier celebrities and corporate partners. There is no shortage of big names. But even the biggest names take second billing today to the tremendous revenue growth (+1,300%) Gen2 has enjoyed in just its first full year. This is an eye-popping number of course, but as you'll see in the news release available under the GTWO stock symbol online, there is more strong news in the announcement to consider in a digital market that is exploding.
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